At the May 2025 meeting of the Federation Account Allocation Committee (FAAC), Nigeria’s three tiers of government received a total of ₦1.681 trillion as federation allocation for April.
The meeting was chaired by Minister of Finance, Wale Edun, and held in Abuja.
The total gross revenue for the month was ₦2.848 trillion. This included gross statutory revenue, Value Added Tax (VAT), Electronic Money Transfer Levy (EMTL), and exchange difference. Out of this amount, the Federal Government got ₦565.307 billion.
The 36 states received ₦556.741 billion, and Local Government Councils (LGCs) got ₦406.627 billion. Oil-producing states also received ₦152.553 billion as 13% derivation from mineral revenue.
Finance Ministry spokesman, Mohammed Manga, said ₦101.051 billion was used for cost of collection. Another ₦1.066 trillion was set aside for transfers, intervention, and refunds.
Breakdown of VAT and Statutory Revenues
According to the FAAC communique, gross revenue from VAT in April 2025 stood at ₦642.265 billion. This was a slight increase from the ₦637.618 billion shared in March 2025, showing a difference of ₦4.647 billion.
From the VAT total, ₦25.691 billion went to cost of collection, and ₦18.497 billion was allocated for transfers, intervention, and refunds. The remaining ₦598.077 billion was distributed. The Federal Government received ₦89.712 billion. States received ₦299.039 billion, and local governments got ₦209.327 billion.
Gross statutory revenue stood at ₦2.084 trillion for April. This was higher than the ₦1.718 trillion shared in March by ₦365.595 billion.
From this, ₦73.741 billion went for cost of collection. ₦1.047 trillion was reserved for transfers, intervention, and refunds. The remaining ₦962.882 billion was distributed to all three tiers.
The Federal Government got ₦431.307 billion. States received ₦218.765 billion, while LGCs got ₦168.659 billion. Oil-producing states received ₦144.151 billion as 13% derivation.
Revenue from EMTL and Exchange Difference
The committee also shared ₦40.481 billion from the Electronic Money Transfer Levy (EMTL). Of this, ₦38.862 billion was distributed: ₦5.829 billion went to the Federal Government, ₦19.431 billion to states, and ₦13.602 billion to LGCs. ₦1.619 billion went to cost of collection.
Additionally, ₦81.407 billion from exchange difference was shared. The Federal Government received ₦38.459 billion, states got ₦19.507 billion, and local governments received ₦15.039 billion. Oil-producing states got ₦8.402 billion from this pool.
The communique noted increases in Petroleum Profit Tax (PPT), Oil and Gas Royalty, VAT, EMTL, Excise Duty, Import Duty, and CET levies. However, Company Income Tax (CIT) declined during the month.
The total revenue distributed for April 2025 came from: statutory revenue of ₦962.882 billion, VAT of ₦598.077 billion, ₦38.862 billion from EMTL, and ₦81.407 billion from exchange difference. This brought the total distributable amount to ₦1.681 trillion.
Minister Wale Edun said, “Domestic revenue mobilisation is key to financing Nigeria’s development in a sustainable way.” He added, “I appreciate FAAC members for their hard work and commitment.”
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